Texas Capital Bancshares Stock Price on September 27, 2024
| TCBI Stock | USD 89.22 0.02 0.02% |
Below is the normalized historical share price chart for Texas Capital Bancshares extending back to August 13, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Texas Capital stands at 89.22, as last reported on the 29th of November, with the highest price reaching 90.71 and the lowest price hitting 88.32 during the day.
If you're considering investing in Texas Stock, it is important to understand the factors that can impact its price. Texas Capital appears to be very steady, given 3 months investment horizon. Texas Capital Bancshares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. By inspecting Texas Capital's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Texas Capital's Coefficient Of Variation of 430.41, risk adjusted performance of 0.1843, and Semi Deviation of 1.06 to confirm if our risk estimates are consistent with your expectations.
As of now, Texas Capital's Total Stockholder Equity is increasing as compared to previous years. The Texas Capital's current Preferred Stock Total Equity is estimated to increase to about 362.2 M, while Common Stock Total Equity is projected to decrease to under 385.5 K. . As of now, Texas Capital's Price To Free Cash Flows Ratio is increasing as compared to previous years. The Texas Capital's current Price To Book Ratio is estimated to increase to 1.76, while Price Earnings Ratio is projected to decrease to 14.27. Texas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of August 2003 | 200 Day MA 65.559 | 50 Day MA 78.6634 | Beta 1.127 |
Texas |
Sharpe Ratio = 0.2387
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Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Texas Capital is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Texas Capital by adding it to a well-diversified portfolio.
Price Book 1.35 | Price Sales 4.9884 | Shares Float 45.5 M | Wall Street Target Price 81.5385 | Earnings Share 0.2 |
Related Headline
First Financial Headline on 27th of September 2024
Acquisition by Edwards Murray Hamilton of 750 shares of Firs... by Edwards Murray Hamilton
Filed transaction by First Financial Bankshares Director. Grant, award or other acquisition pursuant to Rule 16b-3
Texas Capital Valuation on September 27, 2024
It is possible to determine the worth of Texas Capital on a given historical date. On September 27, 2024 Texas was worth 71.35 at the beginning of the trading date compared to the closed value of 70.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Texas Capital stock. Still, in general, we apply an absolute valuation method to find Texas Capital's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Texas Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Texas Capital's related companies.
| Open | High | Low | Close | Volume | |
| 71.38 | 71.38 | 70.08 | 70.71 | 213,447 | |
09/27/2024 | 71.35 | 71.85 | 70.13 | 70.47 | 262,478 |
| 70.19 | 72.67 | 70.19 | 71.46 | 400,584 |
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Texas Capital Trading Date Momentum on September 27, 2024
| On September 30 2024 Texas Capital Bancshares was traded for 71.46 at the closing time. The top price for the day was 72.67 and the lowest listed price was 70.19 . The trading volume for the day was 400.6 K. The trading history from September 30, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 1.40% . The trading price change against the current closing price is 1.50% . |
Texas Capital Bancshares Fundamentals Correlations and Trends
By evaluating Texas Capital's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Texas Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Texas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Texas Capital Stock history
Texas Capital investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Texas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Texas Capital Bancshares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Texas Capital stock prices may prove useful in developing a viable investing in Texas Capital
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 48.6 M | 39.3 M | |
| Net Income Applicable To Common Shares | 362.5 M | 380.6 M |
Texas Capital Stock Technical Analysis
Texas Capital technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Texas Capital Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Texas Capital Bancshares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Texas Capital November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Texas Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Texas Capital shares will generate the highest return on investment. By undertsting and applying Texas Capital stock market strength indicators, traders can identify Texas Capital Bancshares entry and exit signals to maximize returns
Texas Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Texas Capital's price direction in advance. Along with the technical and fundamental analysis of Texas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Texas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1843 | |||
| Jensen Alpha | 0.2615 | |||
| Total Risk Alpha | 0.1582 | |||
| Sortino Ratio | 0.2558 | |||
| Treynor Ratio | 0.2614 |
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Complementary Tools for Texas Stock analysis
When running Texas Capital's price analysis, check to measure Texas Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Texas Capital is operating at the current time. Most of Texas Capital's value examination focuses on studying past and present price action to predict the probability of Texas Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Capital's price. Additionally, you may evaluate how the addition of Texas Capital to your portfolios can decrease your overall portfolio volatility.
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